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Search Results 0 to 49 of about 190 (some duplicates have been removed)
economy that we're in today, and that is that these heavy deficits have killed exports and are swamping the nation with cheap imports. we are now $120 billion of imports, 3 million jobs lost, and farmers are having their worst year. that's another reason to get the deficit down. >> mr. mondale, is it possible that the vast majority of americans who appear to be prosperous have lost interest in the kinds of programs you're discussing to help those less privileged than they are? >> i think the american people want to make certain that that dollar is wisely spent. i think they stand for civil rights. i know they're all for education in science and training, which i strongly support. they want these young people to have a chance to get jobs and the rest. i think the business community wants to get involved. i think they're asking for new and creative ways to try to reach it with everyone involved. i think that's part of it. i think also that the american people want a balanced program that gives us long-term growth so that they're not having to take money that's desperate to themselves and
is going to require compromise in a different type of deficit reduction plan. given all of those virginia jobs at stake, how can you say no to any type of tax and revenue increase, even if it is paired with a greater degree of spending cuts? >> getting our fiscal house in order in washington. i saw this as being another example of washington leaders not making decisions, putting off decisions to yet another commission, which, if it failed, as it did, it would be the responsibility of the federal government, which is national defense, as well as it being what is known to be over 200,000 technology and defense jobs in virginia. what we need to do is repeal or replace obamacare. but will sit trillions in spending, and that is harmful for business. i think we need to cut out and look at where there is redundancy in government. the government accountability office has put that forward. federal government employees, we have to reward them for cost- saving ideas. in the long term, a balanced budget amendment. tim said in the last debate that this is the right thing to do. now, he has, up with a
paying e bill. and so i have a different approach. i believe 9 way to get the deficit down is to control the growth of mandatory spending programs and not raise taxes on the american people. you got a big difference there. >> mr. perot, one minute. >> we got to have a expanding job base to give is a growing expanded tax base. we have a deteriorating job base. we have got to really rebuild our job base. th's going to take mone for infrastur to do that. our competitors are doing that. we are not. we cannot pay off the $4 trillion debt, ance the debt and have the industries of the future, without the revenue. we will go through a period of shared sacrifice. there is one challenge. it has got to be fair. we have created a mess and don't have much to show for it and got to fix it. that's aboutall i casay in a minute. ay. the next question goes to president bush for a two-minute answer and it will be asked by sandy vanocur. >> mr. president, your secretary of the army this week said he had no plans to abide by a congressional mandate to cut u.s. forces in europe from 150 to $100,000 by the end
deficit. they have to deal with the deficit. but once you're done with the deficit you have to rebuild the middle class in this country and nobody is paying much attention to that. we have a lot of rhetoric in the campaign but-- >> but the necessary done to help the middle class is to nail down the fiscal issues. if we don't nail down the fiscal issues, i don't think anything will matter. >> but i'm with you, i think it will happen because of necessity, because of the fiscal cliff. >> what it will take to rebuild the middle class? >> it's taken three decades to basically decimate the middle class. it will take something like that to rebuild it. but we have to be dedicated to that. we're focused on a fescal deficit not a human deficit, and we have a human deficit in this country. we have 27 million people either unemployed, working part time, unwillingly, or dropping out of the labor market. >> schieffer: let me work michelle into this conversation. as you sit here hearing this, it's always education that seems to wind up at the back of the line. >> that's right, that's right. and i thi
fought our way out of these deficits and the last 12 years when we have gone from 4 trillion dollars in debt to 16 trillion dollars today? >> i am glad you mentioned that number. it is going to cause a huge problem. if you have cancer you do not wait until it is over your whole body. get all of these things, really explain the problem, and hopefully we will get people to deal intelligently with the problem. your wife he ran on fiscal responsibility in washington, declining trust in government, in addition to nafta. the truth is we are much worse on all of those issues today than we were in 1992. gooif you look back at 1992, in part because of the world ross , they did several things. impose budget controls and taxes when they thought they were responsible. they did the right thing for the country. president bush 43 -- his term is over. whoever the next president is needs to change course, because if we do not, the problems of europe could have here. >> we are going to talk about some of these issues of 9-11 and the war and the health -- in the tax cuts of 1998, but let me take you ba
vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video of twin bombings at the headquarters in damascus. the first b
of the numbers that were given to us, the measures come in the forecast of deficit consideration that was expected, and we did say at the time that the timing seemed too short to us. pleased to see that this is being hurt. >> i'm jacob from the peterson institute. i guess this is sort of a follow-up question from the previous question about greece -- >> i saw you were taking notes. >> yes. my question really goes, you mention angel remarks that there should be less focus on targets rather than implement a measure. >> with respect to greece, if we go back to march and the process back then this year, there was a very specific target, maybe the long-term 127 was looming very large in that debate and you just mentioned that the role of the debt to sustain the analysis worked. but this sort of de-emphasizing of targets, should it be interpreted as the debt sustainability target in next year you're saying is less relevant perhaps for the continuing fund intervention? and if so, does that mean that the long-term debt sustainability target is ultimately going to be achieved by the direc
these deficits. [laughter] and yet, that's the most important single issue of our time. i did support the '76 measure that he told about, because we were in a deep recession and we needed some stimulation. but i will say as a democrat, i was a real piker, mr. president. in 1979 we ran a $29 billion deficit all year. this administration seems to run that every morning. and the result is exactly what we see. this economy is starting to run downhill. housing is off. last report on new purchases, it's the lowest since 1982. growth is a little over 3% now. many people are predicting a recession. and the flow of imports into this country is swamping the american people. we've got to deal with this problem, and those of us who want to be your president should tell you now what we're going to do, so you can make a judgment. >> thank you very much. we must stop now. i want to give you time for your closing statements. it's indeed time for that from each of you. we will begin with president reagan. oh, i'm sorry, mr. reagan, you had your rebuttal, and i just cut you off because our time is going. you h
to saudi arabia to buy oil. that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing to meet with world leaders bike prime minister benjamin netanyahu, not willing to reach across the isle about serious matters. massive cuts and our defense are looming. the massive tax hike in history is imminent. mr. president, the solutions to those problems won't be reached by sitting on the couch of the "the view," nor found in jay-z's nightclub, nor in george clooney house. the author of a brand-new "new york times" bestseller is here. bob woodward. you said this is a moment of maximum peril. you described a president not engaged in terms of relationships to fix the problem
on handling the deficit and joblessness, but trails on virtually every other big issue, including medicare, taxes and foreign policy. keeping them honest, when it comes to some of those issues, both candidates have come up short either on specifics or credibility. issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can
came in office. i inner hadited the biggest deficit in our history. the last four years it went up and 90 percent is consequence of two wars that were not paid for and tax cut that is were not paid for . prescription drug plan not paid for and worst economic crisis since the great depression. that accounts for 10 percent of the increase in the deficit. >> brian: front page of the new york times. stuart rather thaney it is over one trillion. every budget when they do the math he is over budget by a trillion dollars. >> gretchen: he said 10 percent. wars and the horrible recession he was begin that only accounts for 10 percent. >> yes. >> gretchen: what about the other 90 percent? >> steve: george bushes fault? >> gretchen: i am anding a question. >> you are exposing the attitude of the establishment media to all of president obama and his economic record. break it down. the president said i am only 10 percent responsible for a massive accumulation of debt. he is a big spender, a very big spender and that's the principle reason why we have a massive deficit of trillion a year. he has
a fiscal deficit problem or whether it has to be solved. a year ago that was debated and now the debate is however going to solve the? are we going to solve it on the revenue side? are we going to to solve it on the expenditure side? there is no one who is saying we should widen the deficit. everyone exceeds to it that the real debate is about how we get it done and also the nature of the government that is the consequence of how gets them. obviously government will grow. if you shrink the budget the government will retract and that has implications to the budget. it's an ongoing debate always in america but if you think about what has been accomplished in the last year everyone knows we have to solve the problem. how to solve what has resulted in an impasse and, but the fact that everybody agrees it needs to be solved is really the most important thing. >> but it seems to me that it's a math problem and as you said, if you have got you know slow but stable growth for an extended period of time here than ultimately the raponos have to go up and expenditures have to go down. neither of w
the deficit and debt. virtually every poll. who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of every stu
to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their own deal. harry reid, the democratic leader, said to the president,
's reduce the deficit in a way that does not stick it to middle class families. i have already worked republicans to cut one trillion dollars in spending and i'm willing to do more. i have a plan for a trillion deficit-reduction. we cannot cut our way to prosperity. we have to cut our tax code and ask the wealthiest households to pay higher taxes. to go back to the same rate when bill clinton was president. when we created 23 million new jobs and the biggest surplus and history, and a lot of millionaires to boot. in fairness, my opponent has a plan when it comes to taxes. but as president clinton said, it does not have an arithmetic. -- any arithmetic. they are selling the idea you could spend trillions of dollars on tax breaks for the wealthy. no matter how many times they try to rebuild their campaign, no matter how many times they try to tell you they're going to talk specifics, they do not do it. the reason is because the amount does not work -- the math does not work. they do not explain how tax cuts are going to be put on the table without raising taxes on now class families. th
the deficit in half in his first term. he's not been asked the simple basic questions by anybody. how did we get to -- >> except by univision. >> sean: one example. >> they haven't even hit him on the outright lie about libya. another anticipated obama argument, this crisis was caused by two wars and push tax cuts. that's so easily refuted. 2007, $161 billion deficit with two wars raging and bush tax cuts implemented in 2003. what romney really needs to do, though, is stress the urgency. none of this john mccain, obama will make a fine president. no. if obama is re-elected, this country is over as we know it. >> yeah. >> he needs to stay that in no uncertain terms. i say this, not because i'm a partisan, i'm scared to death of our lifetime earnings being in jeopardied, i'm scared to death of our liberty, of our prosperity. the american dream is gone. he doesn't believe in opportunity. he believes in expanding the welfare state and the dependence cycle. he believes in expanding obama phones and not putting people back to work and giving people human dignity. >> right. >> sean: i've never met
%. there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'lwin re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies he's advocated are going to produce good economic results. if people thought it was like another recession, he would be in trouble. it's not like another recession. they know it. >> people say the paralysis in washington, the inability to get in a room and get a deal done. i interviewed
to the same standard as well. >> first of all, we have a deficit plan, it's got health care savings. romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. he's got a 5 trilli$5 trillion. -- another $2 trillion in defense spending. >> just three days into the first presidential debate, meanwhile mitt romney is off to the trail. we have two reports, we begin with nbc's peter alexander, he's with the romney campaign in boston, with a good morning to you, peter. what are you hearing about all the debate preps today. he o'clock najs that this is an important opportunity in her debate. people have a tendency to focus on the small things, like the color of a candidate's tie or the dramatic one liners, which is his need to get across the big picture message. he says if he does that, he thinks he can be effective over the course of the next three debates and ultimately win this thing. we heard this morning from governor chris christie of new jersey, i want to play you another clip from new jersey this morning. chris christ >> and so they're going start t
bringg in 87 billion dollars. with a deficit of a trillion plus, you still have a 900 billion dollarr deficit and if you have a trillion dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to
deficit reduction package to avoid damage to our national security, important domestic priorities, and our economy. joining us now from manchester, new hampshire one of the gang's members, democratic senator j n jeanne shaheen. great to have you on the program. >> mice to be with you. i would say, alex, it's not a new gang of six, i think but it does reflect a number of different groups that have been meeting and talking in the senate about the need to address sequestration, and i was part of the six of us who signed that letter in talking about what we could do to try and reassure the public, to reassure the markets, that we understand we've got to address this problem and we've got to do it in a way that provides certainty for businesses, for consumers, so that we have a long-term solution. >> senator, i want to get your thoughts, it is, i think, laudable that this is a bipartisan gang, as other gangs have been. four of the gang members, for lack of a better term, voted for the budget control act, which of course put the sequesters in place. what do you make of this movement now on -- b
, but you can't stop watching it. you'll see it. back in 60 seconds. >> greta: from the $16 trillion deficit to the stubbornly high unemployment rate, president obama supportsers are finding lots of reasons to change their votes. they're speaking out in a new ad for the romney/ryan ticket. shot clock. >> i voted for bill clinton twice. i voted for clinton. >> i voted for clinton. >> al gore. >> i voted for al gore. >> al gore. >> i voted for barack obama. >> i voted for barack obama. >> barack obama in 2008. >> i had huge hopes. but you know what, i got burned in 2008. >> the trillions and trillions of dollars of deficits. >> this time. >> this year. >> i've changed. >> i'm changing my vote. >> i changed my mind. >> to mitt romney and paul ryan. >> to romney and ryan. >> to mitt romney and paul ryan. they have plans and ideas that i believe will work. >> greta: joining us our political panel, rick klein, michael crawley, and justin sink. rick? >> find me a voter for voted for mccain four years ago and now says obama. it's a small segment of the population. this is the kind of message. it's a
his stances around immigration. here is a candidate looking at a huge deficit in some of these swing states, deficits among hispanics, deficits among women. he's got to make ground up in this 90 minutes. it's not a long time. he has to please republicans who have been calling for him to get more specific in terms of his plans around tax reform and all sorts of other ideas he has. he has a real tall order going into this debate. >> governor romney is dogged about the 47% remark. i want to show the interview he did this week with a local affiliate. >> if you could go back to that fund-raiser, would you have said it differently? >> it's difficult for me to know how they will cobble 51% of the people. i'm going to be a president for the 100% of the people. i demonstrated throughout my life. >> the question should be if you could go back, would you sweep that room for cameras to make sure you weren't being recorded. will that answer be enough when asked about this? as he is sure to be asked about this tomorrow night. >> i'm sure, obviously, that was a very inartful statement he said. i'm
be a substantial deficit but it will be much smaller. president obama's main contribution to this $16 billion debt which is -- a $1 trillion debt which is a ten-year figure, projecting out ten years, was the stimulus bill which was $800 billion, which i believe was a good thing to do. i think that that might even be even bigger without it, because it kept people working and paying taxes and off the government payrolls and because it created new jobs and infrastructure in energy. if you look at his annual spending budgets, they are about 2% increases. that's less than the rate of inflation. so i think that the reason that i believe he will win re-election is that we're beginning to recover. we've had a higher rate of job creation since the recession bottomed out, the collapse bottomed out in the middle of 2009, than in the previous eight years, and we are moving in the right direction, and the policies he has advocated are more likely to present a good economic result. that's why if people thought this was just like another recession, he would be in real trouble but it isn't like another recession.
Search Results 0 to 49 of about 190 (some duplicates have been removed)